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    Property profile & analytics

    338 Main St Memphis, TN 38103-4208

    • Investment properties
    • 5,428 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $270,000
    Location Intelligence
    Property ID
    US80-0633304
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Klein Fitness / Personal Trainer / Gym
    • Explore Bike Share / Bicycle Rental Service

    Property Details for 338 Main St

    Year built
    1910
    Lot size
    0.07 lot acres
    Property size
    5,428 SF
    Zone code
    SM
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    002-121- - -00008
    APU
    212100008

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $375,000
      6.5%
      $375,000
      7%
      $340,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $310,000
      Geo Method
      $305,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $380,000
      Retail
      $355,000
      Mixed-Use
      $285,000
      Hospitality
      $330,000
      Educational
      $280,000
      Residential Income
      $320,000
      Energy
      $310,000
      Income-Based Land
      $270,000
      Food Service
      $380,000

    Location Insight

    • Map
    • Local Demand
    City
    Memphis
    County
    Shelby
    State
    Tennessee
    Longitude
    -90.0568
    Latitude
    35.1369
    CBSA code
    32820
    CBSA name
    MEMPHIS, TN-MS-AR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $7,700
    $20,880
    $105,520
    $126,400
    -
    $52,200
    $263,800
    $316,000

    Comparable in this City

    • Value Estimation
      $320,000
      5,424 SF

      356 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,424 SF
      356 Main St, Memphis, TN 38103-1530
      View Details
    • Value Estimation
      $345,000
      7,000 SF

      515 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 7,000 SF
      515 Main St, Memphis, TN 38103-4478
      View Details
    • Value Estimation by Request
      10,871 SF

      400 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 10,871 SF
      400 Main St, Memphis, TN 38103-1528
      View Details
    • Value Estimation
      $355,000
      4,992 SF

      682 Madison Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,992 SF
      682 Madison Ave, Memphis, TN 38103-3303
      View Details
    • Value Estimation
      $360,000
      1,950 SF

      358 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,950 SF
      358 Main St, Memphis, TN 38103-1730
      View Details
    • Value Estimation
      $80,000
      14,460 SF

      99 2nd St

      OFFICE/RESIDENTIAL (MIXED USE) • 14,460 SF
      99 2nd St, Memphis, TN 38103-3026
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,210 SF

      Downtown Memphis Mixed-Use Gem

      4,210 SF, Vacant, Redevelopment Opportunity
      433 Madison Ave, Memphis, TN 38103
      View Details
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      101,200 SF

      Downtown Memphis Highrise Redevelopment

      12-Story Office Tower, Adaptive Reuse Potential
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      Mixed-Use Property on Madison Avenue

      Well-maintained mixed-use property in a desirable location.
      139 Madison Ave, Memphis, TN 38103
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    • $1,300,000
      19,747 SF

      Downtown Memphis Mixed-Use Gem

      19,747 SF, Redevelopment Opportunity
      2 2Nd St, Memphis, TN 38103
      View Details
    • Contact for pricing
      14,900 SF

      Mixed-Use Development Opportunity

      14,900 SF mixed-use property near downtown Memphis amenities.
      26 S Main St, Memphis, TN 38103
      View Details
    • $900,000

      Downtown Memphis Mixed-Use Investment

      High-visibility mixed-use property in the heart of Downtown Memphis.
      18 N 2Nd St, Memphis, TN 38103
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      29,112 SF

      Memphis Retail Space - Monroe Blvd

      High-profile Memphis retail, 5 suites available
      421 Monroe Blvd, Memphis, TN 38103
      View Details
    • Contact for pricing
      66,000 SF

      Downtown Memphis Office Building

      66,000 SF Office Space Available
      85 Danny Thomas Blvd, Memphis, TN 38103
      View Details
    • Contact for pricing

      Downtown Memphis Retail Space

      Retail space for lease in Downtown Memphis.
      363 S Front St, Memphis, TN 38103
      View Details
    • $18 SF/Yr
      18,513 SF

      Downtown Historic Class A Office

      Class A historic office building in the heart of Downtown.
      119 South Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      4,000 SF

      Restaurant Space in Downtown Memphis

      4,000 SF fully built-out restaurant space for lease.
      10 S Main St, Memphis, TN 38103
      View Details
    • Contact for pricing
      5,636 SF

      Downtown Memphis Restaurant Space

      Upscale hotel, high-traffic location, ample space.
      164 Union Ave, Memphis, TN 38103
      View Details
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    338 Main St
    Memphis, TN 38103-4208
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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